Leveraged yield aggregator Steadefi has announced that it has been hacked and all funds are now at risk.
The attack took place on August 7, 2023 and resulted in an undisclosed amount of cryptocurrency loss from the platform.
According to Steadefi's official Twitter post, the team sent an on-chain message to the scammer's wallet address for negotiation. The message offers a reward for 10% of stolen funds and states that if they return the remaining 90%, they will retain this reward.
The message also warns that if the scammer fails to comply by 11:00 CEST on August 10, 2023, the prize will be made public and the full 10% reward will be given to anyone who can identify and be found guilty in court.
NOTICE: Steadefi has been exploited and all funds are currently at risk.
An on-chain message has been sent to the exploiter's wallet address for negotiation: https://t.co/32qho71DJP
Steadefi would like to discuss a bounty with any parties who were involved in the recent…
— Steadefi 🔺💙🔶 (@steadefi) August 7, 2023
According to the data, the total amount of locked value (TVL) of the platform decreased from $ 2 million to $ 700 thousand.
*Not investment advice.
